16-83 Woodbine Street Ridgewood, NY 11385
This meticulously renovated mixed-use building, completed in 2023, boasts NINE FREE MARKET UNITS, comprising FOUR RESIDENTIAL and FIVE COMMERCIAL UNITS. It stands as a lucrative income generator, with gross annual income increasing to $278, 544/yr starting October 2024 (for detailed breakdown, refer to our Excel sheet or digital brochure). The residential units feature spacious 3 boxed bedroom layouts with one full bathroom each. Situated in zone R6B-C24, the property is NOT SUBJECT TO RENT CONTROL OR RENT STABILIZATION REGULATIONS. Nestled in the heart of Ridgewood, conveniently positioned between the L and M train lines, residents enjoy unparalleled access to amenities, public transportation, and thriving commercial hubs. Ridgewood's allure as an exceptional city underscores the promising investment potential of this property.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyQueens
- Taxes$31,753
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID Number3548046
- Home Size Source N/A
- Year Built1931
- Lot Size0.06 Acres
- Full Baths4
- Partial Baths5
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General Features
- Style Other
- Construction Brick
- Parking On Street
- Sewer Public Sewer
- Basement PartialWalk- Out Access
- Acreage 0.06
- Water Public
- Cross Street Crypress/Woodbin
- Property Sub Type Multi Family
- Garage Spaces 0
- Attached Garage No
Interior Features
- Cooling Window Unit(s)
- Heating Natural GasHot Water
- Appliances FreezerOvenRefrigerator
- Interior Eat-in KitchenEntrance FoyerLiving Room/Dining Room Combo
- Fireplaces 0
Exterior Features
- Lot Corner LotNear Public Transit
Community Features
- Township Queens
- Community Features ParkNear Public Transportation
- Senior Community No